President's Budget Includes Measure To Close Tax Loophole That Favors Foreign-based Insurance Groups |
| April 12, 2013 | April 2013 Bond Updates |
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WASHINGTON, April 12, 2013 /PRNewswire/ -- A proposal in President Barack Obama's FY 2014 budget would defer a tax deduction for reinsurance premiums paid to foreign affiliates by domestic insurers, thereby closing a tax loophole that costs the Treasury billions of dollars in... |
| View more at: http://www.prnewswire.com/news-releases/presidents-budget-includes-measure-to-close-tax-loophole-that-favors-foreign-based-insurance-groups-202731181.html |
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